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Bank Ref. : ______

APPLICATION FOR SHIPPING GUARANTEES (“SG”) / AIR WAYBILL GUARANTEES (“AWG”)

To: DBS Bank (Hong Kong) Limited (“the Bank”, “you”, or “your”, including, in each cases, successors and assigns)

Date:

Applicant ( Name & Address ) :
Account No. :
Contact Person:
Tel: / Shipper:
Bill(s) of Lading (“BL”) / Air Waybill (“AWB”) / No.: / Vessel Name & Voyage / Flight No.:
SG / AWG to be issued in favour of ( name of shipping company / carrier ): / Declared value of Goods (“the Goods”)
(Amount in figures & currency):
Brief Description & Qty of Goods:

We confirm that the shipping documents relating to the guarantee/indemnity applied for will be presented through the medium of your bank under: -

(Please tick where applicable)

Documentary Credit No.
Documentary Collection basis – documents against payment / acceptance
Others

This application is subject to approval by the Bank as its discretion.

Enclosed:Guarantee/Indemnity Required by Carrier / Shipping Company in duplicate,

Copy of Invoice and Bill of Lading

In consideration of your countersigning/endorsing/or otherwise signing the above mentioned documents, we hereby jointly and severally agree and undertake to indemnify you on demand and hold you harmless from all consequences that may arise from so doing. We further agree to redeem and deliver the said guarantee/indemnity to you for cancellation immediately upon receipt of the relative bill of lading/air consignment note/air waybill. We also jointly and severally undertake to honour, pay and discharge all bills or drafts presented to us relating to such Goods and/or drawn under the relative documentary credit even though some or all of the documents which relate to the said Goods or which are presented under such documentary credit may not comply with the terms and conditions of such documentary credit either wholly or partially.

And we herewith declare that none of the Goods are to the best of our knowledge pledged, mortgaged, charged, hypothecated or otherwise encumbered nor will this be done by us hereafter. Should the bill of lading appear through others we will take immediate steps to release your guarantee/indemnity. We declare that we have read and hereby agree to be bound by the terms and conditions from time to time in force in relation to the trade application form which have been stipulated in your General Commercial Agreement.

Please debit our account no.for all relevant charges.

-End of Application Form-

We declare that this application form is produced from the standard template ofthe Bank and we understand any unauthorized amendment to the text of the form will be invalid andof no effect (whether or not the amended form is accepted by any ofyour staff and / or acted upon byyour Bank)

______

Authorized Signature(s) & Company’s Stamp

For Bank Use Only
Date
CSO / Processor / Releaser 1 / Releaser 2

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